6151 Niles StBakersfield, CA 93306

Property Details for 6151 Niles St

Year built

1985

Construction

WOOD

Lot size

3.78 AC

Property size (Sq ft)

40,000 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

135-180-23-00-3

APU

13518023003

Description

This exceptional 5,000-square-foot retail storefront is available for lease in Bakersfield, California. Located at 6151 Niles Street, in Kern County, zip code 93306, this single-tenant property presents a fantastic opportunity for businesses seeking a prominent location. The entire space is currently vacant, offering immediate occupancy for a new tenant. The property is classified as a retail storefront, ideal for a variety of commercial uses. Its size provides ample space for a large retail operation, or potentially could be subdivided (subject to approvals). The property's address is easily accessible, offering high visibility and convenient access for customers. Situated in Bakersfield, the property benefits from a strong local economy and a substantial customer base. The property's location within Kern County provides access to a diverse population and a thriving commercial environment. This is a rare opportunity to secure a significant retail space in a desirable Bakersfield location. The property is ready for immediate occupancy, allowing for a quick start to operations. Interested parties are encouraged to inquire promptly to secure this prime retail space. Further details regarding lease terms and conditions are available upon request. The property's coordinates are 35.3746397 latitude and -118.9355858 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $16,754,428

  6.5%

  $15,465,626

  7%

  $14,360,939

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,168,128

  Geo Method

  $19,168,128

• Alternative Use

  Use

  Valuation

  Residential

  $13,045,834

  Hospitality

  $11,949,914

  Educational

  $9,942,188

  Medical

  $10,284,115

  Retail

  $15,465,626

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.375

Longitude

-118.936

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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